biotech / news / / MassLive
Takeda Pharmaceutical, the largest life sciences employer in Massachusetts, plans to eliminate approximately 4,500 jobs globally by March 2027.
Takeda will cut 4,500 jobs globally by March 2027 as part of its Transformation Program.
KEY POINTS
- It remains unclear whether the 247 Massachusetts layoffs are included in the 4,500 global cuts.
- Job reductions are linked to a 43% global drop in VYVANSE revenue after its U.S. patent expired.
- Takeda will redirect savings toward launching three experimental drugs, two of which are under FDA priority review.
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